Lean hog futures rallied at the Chicago Mercantile Exchange on Monday, as news of a China-EU trade dispute gave contracts a psychological boost, even though it is unlikely to give U.S. producers a new edge, traders and market analysts said.
Feeders
U.S. livestock: CME hogs turn higher on news of China-EU trade fight
U.S. livestock: Live cattle, lean hog futures end lower
Chicago | Reuters – Live cattle futures on the Chicago Mercantile Exchange closed lower on Tuesday in dull technical trade as market players await cash cattle trade to develop, brokers said. CME August live cattle LCQ24 settled down 1.050 cents at 178.925 cents per pound, although the contract stayed above its 100- and 200-day moving averages. CME August […] Read more
Klassen: Feeder cattle market ratchets higher on stronger fed market
For the week ending June 8, Western Canadian feeder cattle markets traded $3 to $6 above week-ago levels. In certain locations, quality packages of 600 pound plus steers were $8 to $10 higher compared to seven days earlier. Alberta packers were buying fed cattle on a dressed basis at $440/cwt, up $2/cwt from the previous […] Read more
U.S. livestock: Live cattle end mixed, hogs rise on strong pork exports
Chicago Mercantile Exchange live cattle futures ended mixed on Friday as wholesale beef price firmed and packer margins improved, but traders remain concerned that cash market values may be near a seasonal peak, analysts said.
Cargill Calgary strike hits holding pattern
Strike vote ballots sealed pending labour board meeting: union
The chance of a possible strike at Cargill’s Case Ready Plant in Calgary is looming large, but it’s not yet clear if workers are headed to the picket lines.
U.S. livestock: Cattle futures down amid oversupply, weak retail demand
Live cattle and feeder cattle futures closed mostly lower at the Chicago Mercantile Exchange on Thursday as slow sales of beef products such as hamburgers and steak weighed on prices, Altin Kalo, economist at Steiner Group, said.
Biosecurity bill draws questions from Senate ag committee
Some senators said the bill should cover everyone who enters a livestock operation because anyone can pose a biosecurity threat
Senate scrutiny has begun on Bill C-275, the private member's bill to amend the Health of Animals Act, which would increase fines for those who unlawfully enter livestock barns and processing facilities.
U.S. livestock: Lean hog futures hit five-month low on oversupply worries
Lean hog futures closed at their lowest price since January at the Chicago Mercantile Exchange on Wednesday as traders focused on a potential oversupply of U.S. pork heading into the summer barbecue season.
U.S. livestock: Lean hogs hit January low on concerns over Mexican demand
Lean hog futures dropped to their lowest price since January at the Chicago Mercantile Exchange on Tuesday as weakness in the Mexican peso fueled worries over demand in the biggest export market for U.S. pork, traders said.
Beef industry bids farewell to Charlie Gracey
Gracey was instrumental in developing analytical programs and procedures the beef sector still uses
The beef industry has lost one of its most influential industry builders and analysts, as Charlie Gracey succumbed to a heart attack in late May.
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